Tess Torelli January 8, 2018

Over in Asia, Japanese stocks looked set to jump at the open as markets re-opened following a long weekend. Nikkei futures traded in Chicago were up 1.01 percent at 23,955 and Osaka futures were 0.4 percent higher at 23,810.

The benchmark Nikkei 225 index rose to its highest levels in 26 years in the last trading session in what has been a strong start to the year.

Over in Sydney, the S&P/ASX 200 was higher by 0.17 percent in early trade.

Earnings season is also set to kick off in Asia in the week, with Samsung Electronics due to announce its fourth-quarter earnings guidance on Tuesday.

Investors in the region are likely to keep an eye on talks held between North and South Korea on Tuesday. The discussions, which are expected to focus on the upcoming Winter Olympics hosted by the South, come after missile launches by North Korea drew international concern last year.

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